SOS black market rate on Jun 16, 2026: 519.12 per USD
On Tuesday, June 16, 2026, the US dollar traded at about 519.12 SOS on Somalia's parallel (black) market at the close of observations. The day opened at 575 SOS, reached a high of 575 and a low of 519.12, a trading range of 55.88 SOS (10.76%).
Across 147 observations, the average price to buy dollars was 536.23 SOS and the average price received when selling dollars was 575.92 SOS. Over the session the Somali Shilling strengthened against the dollar (-9.72% from open to close).
Official rate vs black market rate on Jun 16, 2026
The official exchange rate published for Somalia on this date was 571.57 SOS per USD. The parallel-market close of 519.12 SOS therefore implied a premium of -9.18% over the official rate — a discount to the official rate, which is unusual and often reflects thin or one-sided quotes.
How Jun 16, 2026 compares
Compared with the previous observed day (Jun 15, 2026, close 575 SOS), the rate moved -9.72%.
How this daily figure is produced
ETCurrency samples Somalia's USD/SOS parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Jun 16, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Somali Shilling black market rate on Jun 16, 2026?
- The USD to SOS parallel market rate closed at approximately 519.12 SOS per US dollar on Tuesday, June 16, 2026, after trading between 519.12 and 575 SOS.
- How much did the SOS move against the dollar that day?
- From an open of 575 to a close of 519.12 SOS, the parallel rate moved -9.72% on Jun 16, 2026.
- What was the gap between the official and black market SOS rate on that date?
- The official rate was 571.57 SOS per USD versus a parallel close of 519.12 SOS, a premium of -9.18%.
- Was the SOS black market rate higher or lower than the day before?
- Lower: the previous observed close was 575 SOS on Jun 15, 2026, a change of -9.72%.
Figures are aggregated parallel-market observations for Somalia in UTC and are indicative only; they are not a quote to trade. See the full USD → Somali Shilling history or today's live rate.